Global Blanket Insulation Market Size & Outlook, 2023-2030

The blanket insulation industry worldwide is expected to reach a projected revenue of US$ 26,088.5 million by 2030. A compound annual growth rate of 5.3% is expected of the worldwide blanket insulation industry from 2024 to 2030.
Revenue, 2023 (US$M)
$18,228.1
Forecast, 2030 (US$M)
$26,088.5
CAGR, 2024 - 2030
5.3%
Report Coverage
Worldwide

Global blanket insulation market, 2018-2030 (US$M)

Related Markets

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Global blanket insulation market highlights

  • The global blanket insulation market generated a revenue of USD 18,228.1 million in 2023 and is expected to reach USD 26,088.5 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 5.3% by 2030.
  • In terms of segment, building & construction accounted for a revenue of USD 9,245.6 million in 2023.
  • Industrial is the most lucrative application segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2023.
  • Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 18,228.1 million
Market revenue in 2030USD 26,088.5 million
Growth rate5.3% (CAGR from 2023 to 2030)
Largest segmentBuilding & construction
Fastest growing segmentIndustrial
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBuilding & Construction, Industrial, Appliances

Other key industry trends

  • In terms of revenue, the North America accounted for 25.0% of the global blanket insulation market in 2023.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, UK is the fastest growing regional market and is projected to reach USD 1,025.7 million by 2030.

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Blanket Insulation Market Scope

Blanket insulation market segmentation & scope
Regions
Latin America
Europe
North America
Middle East & Africa
Asia Pacific
Countries
Canada
Mexico
U.S.
Germany
UK
France
Italy
Spain
China
India
Japan
South Korea
Australia

Blanket Insulation Market Companies

Name Profile # Employees HQ Website

Global blanket insulation market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to blanket insulation market will help companies and investors design strategic landscapes.


Building & construction was the largest segment with a revenue share of 50.72% in 2023. Horizon Databook has segmented the Global blanket insulation market based on building & construction, industrial, appliances covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Blanket Insulation Application Outlook (Revenue, USD Million, 2018-2030)
    • Building & Construction
    • Transportation
    • Industrial
    • Appliances
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global blanket insulation market , including forecasts for subscribers. This global databook contains high-level insights into Global blanket insulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global blanket insulation market size, by region, 2018-2030 (US$M)

Top 10 countries: Blanket insulation market size, 2023 (US$M)

Global blanket insulation market share, by application, 2023 & 2030 (%, US$M)

Blanket insulation market: Opportunity assessment by country

Global blanket insulation market, by region, 2023 (US$M)

Global blanket insulation market size, by region, 2018-2030 (US$M)

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